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Daniela
Daniela is an active, dynamic and enterprising woman of 23 years of age who, from early on has liked crafts and things in which she can develop her creativity. She is a student in audiovisual communication and also has her own business where she makes jewelry for women. She learned this trade from a friend who carried out the same work and he started making a few items for her own use as a hobby. Later on, she contacted a few stores which saw her work and liked the goods, hence why she is now selling them, she has the support of two employees who work every day in the afternoon. In this manner, she has managed to generate an income to support her household's income and pay for her university studies.

The loan that Daniela is seeking is a means of support to improve her business; with the money from the loan, she will buy three work benches, 3 chairs and supplies in bulk (jewels, chains, threads, ribbons, broaches and so on). All of this will allow her to improve the working conditions and meet the orders that are pending as well as be in a position to earn new contracts, improving the profits that she makes through her work.

Daniela is planning for the mid-term future, owning a much larger workshop, in which she can generate more job opportunities and that her brand and products become renowned nationally, paving the way to being a large distributor and generating larger profits to enjoy a better quality of life and be a successful professional.
View original language description ↓
Daniela es una joven activa, dinámica y emprendedora de 23 años de edad, que desde muy pequeña le ha gustado hacer manualidades y cosas en las que pueda explotar su mente creativa. Es estudiante de comunicación audiovisual y además tiene su propio negocio, produce accesorios de bisutería para dama; el oficio lo aprendió viendo a un amigo que realizaba la misma labor y, comenzó a hacer algunos artículos para uso personal como un hobbie, pero luego se contactó con algunos almacenes que vieron su trabajo y les gustó, razón por la que ahora los vende; cuenta con el apoyo de dos empleadas que trabajan todos los días en la jornada de la tarde; así ha logrado generar ingresos para aportar a la economía del hogar y para pagar sus estudios universitarios.
El crédito que solicita es un apoyo para mejorar su negocio, con el dinero comprará 3 mesas de trabajo, 3 sillas e insumos al por mayor (pedrería, cadenas, hilos, cintas, broches y otros), esto le permitirá mejorar las condiciones de trabajo y además podrá cumplir con los pedidos que tiene pendientes; además estará en la capacidad de adquirir nuevos contratos, mejorando los ingresos que recibe por su labor.
Daniela se proyecta para un futuro a mediano plazo teniendo su taller mucho más amplio, en el que pueda generar más oportunidades de empleo y que su marca y productos sean reconocidos a nivel nacional, abriéndose paso para ser una gran distribuidora y generando mayor rentabilidad para poder disfrutar una mejor calidad de vida y ser una profesional exitosa.

Additional Information

Important Information

This loan is structured on Kiva as a bullet loan, which means a single payment is required at the end of the loan term. By Colombian law, Kiva's partner Interactuar is required to offer borrowers loans with a variable interest rate that fluctuates with the market rate. Because fixed monthly payments are applied first to interest and then to principal, Interactuar is unable to predict upfront what portion of each repayment would go towards the loan principal. This creates a challenge with Kiva's system, which doesn't allow for unpredictable principal payments, and can result in some Interactuar clients appearing falsely delinquent. To remedy this, the loan has an end-of-term repayment plan on Kiva, but the borrower will continue scheduled monthly repayments to Interactuar, who will then pass along the principal amount to Kiva lenders. This means that you may see repayments made on this loan throughout the repayment term, as opposed to receiving repayment in full at the end of the loan term.

Tags

About Colombia

  • $6,070
    Average annual income
  • 162
    View loans »
    Colombia Loans Fundraising
  • $13,194,000
    Funds lent in using Kiva
  • 1,924.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Daniela to buy three work benches, 3 chairs and supplies in bulk (jewels, chains, threads, ribbons, broaches and more).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2013
Listed
Jan 12, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014